Arvind Kejriwal, Delhi's chief minister till three days ago and now
working on national plans, on Monday sought to assure India Inc. that his
Aam Aadmi Party is "not against business."
"We are not against
capitalism, we're against crony capitalism... It's a wrong perception
that AAP is against business. Of course we need businesses," Mr Kejriwal
said while addressing top industrialists at a Confederation of Indian
Industry or CII meet in Delhi.
Mr Kejriwal attempted to explain
what his political vision, popularly called "Aapnomics" is, and why
corporate India should not be running scared of his party despite
several decisions that his government took in its 49 days in power in
During his brief term as Chief Minister, Mr Kejriwal
increased subsidies for power and water. His cabinet overturned the
previous government's decision on FDI in retail, effectively preventing
Walmart from opening shop in the national capital.
his most controversial decision was to file a First information report
or FIR against Reliance chairman Mukesh Ambani and Petroleum Minister
Veerappa Moily for allegedly creating an artificial shortage of gas in
the country and raising its prices.
"The government has no
business to be in business, it should be left with the private players.
License and inspector raj has to end... A small section of
industrialists who are not industrialists but are looting the country,"
Mindful of the criticism his party has received over its
economic policies, Mr Kejriwal reached out to the India Inc.,
seeking an alliance with them.
"We want to create a new India.
Please join us, help us. Come inside the inner circle. I invite you all.
Become a part of the revolution. Don't just criticise us from outside,"
The captains of the industry reacted with caution to
the AAP chief's speech, with most saying that while his fight against
corruption is welcome, his economic vision was not clear yet.
is very important that we fight corruption, reduce corruption. But it
is also very important that we have a good economic policy that creates
development and jobs in the country. And I think the Aam Aadmi Party
should improve their views in that direction," Adi Godrej of Godrej